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If the Equation C = 20

Question 168

Multiple Choice

If the equation C = 20 + .6Y, where C is consumption and Y is disposable income, were graphed:


A) the vertical intercept would be +.6 and the slope would be +20.
B) it would reveal an inverse relationship between consumption and disposable income.
C) the vertical intercept would be negative, but consumption would increase as disposable income rises.
D) the vertical intercept would be +20 and the slope would be +.6.

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